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    896 County Road 283 Stephenville, TX 76401

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    For Sale
    $495,000

    Income potential with remodeled residences and equestrian facilities.

    Lot size:
    4.01 Acres

    Property Features for 896 County Road 283

    General Information

    Lot size
    4.01 Acres

    Source: Clark Real Estate Group Agent Tim Clark

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Remodeled Property with Horse Barns

    This property features two newly remodeled double wide residences, presenting a potential income-producing opportunity. It could suit a family needing a mother-in-law house, assistant helper house, or serve as a rental property. Updates to the property will be listed in the transaction desk. Newly included are shed-row style horse barns, both equipped with water and electric. Each barn includes runs and a covered area for feed and hay. There is ample room for an arena and/or additional traps if needed.
    Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Food Market Farmer's Market

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Stephenville
    County
    Erath
    State
    Texas
    Longitude
    -98.200723
    Latitude
    32.127904

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    FAQs

    What type of property is this?
    Horse & equestrian property - Income potential with remodeled residences and equestrian facilities.
    Where is this horse & equestrian property located?
    The property is located at 896 County Road 283 Stephenville, TX.
    What is the asking price?
    The asking price for this property is $495,000.
    What are key features of this property?
    This property features: - Potential income-producing property with two newly remodeled double-wide homes.; - Shed-row style horse barns with water and electric included.; - Suitable for multi-generational living or rental income opportunities.
    (817) 578-0609
    Request Owner's contact information
    896 County Road 283 Stephenville, TX 76401
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    Stephenville, TX 76401
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    896 County Road 283 Stephenville, TX 76401
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